Statistically Speaking

Business students with MBAs do not always end up as CEOs of Fortune 500 companies. Like students from Carnegie Mellon, many start their own businesses. Here are some stats on people with business educations:

Percent of CEOs with an MBA: 33

Number of business schools in the United States: 130

Additional salary earned annually by having an MBA compared with a bachelor’s degree: $10,000-$30,000

Average starting salary of Tepper graduates (as of 2005, according to U.S. News and World Report]): $87,466

Number of MBA degrees completed annually in the U.S. (as of 2000): 100,000

Average cost of earning an MBA: $100,000

Sources: http://www.quintcareers.com/, http://en.wikipedia.org/, http://www.forbes.com/, http://www.usnews.com/, http://www.mba-courses.com/mba_rankings.htm